Deposit Interest Rate in South Korea increased to 1.67 percent in 2017 from 1.56 percent in 2016. Deposit Interest Rate in South Korea averaged 7.32 percent from 1980 until 2017, reaching an all time high of 19.50 percent in 1980 and a record low of 1.56 percent in 2016.

Deposit Interest Rate in South Korea is expected to be 1.56 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Deposit Interest Rate in South Korea is projected to trend around 2.31 percent in 2020, according to our econometric models.

Deposit Interest Rate in South Korea
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


South Korea Money Last Previous Highest Lowest Unit
Interest Rate 1.75 1.75 5.25 1.25 percent [+]
Money Supply M0 106363000.00 107603500.00 107603500.00 11200.00 KRW Million [+]
Money Supply M1 856014.00 858377.80 858377.80 260.40 KRW Billion [+]
Interbank Rate 1.84 1.84 6.14 1.27 percent [+]
Money Supply M2 2737568.20 2719444.70 2737568.20 590.60 KRW Billion [+]
Money Supply M3 3857564.80 3833208.80 3857564.80 57007.90 KRW Billion [+]
Foreign Exchange Reserves 405250.00 404670.00 405510.00 564.50 USD Million [+]
Loans to Private Sector 8372062.00 8360706.00 8372062.00 2603700.00 KRW Hundred Million [+]
Deposit Interest Rate 1.67 1.56 19.50 1.56 percent [+]
Private Debt To GDP 253.30 254.90 254.90 237.30 percent [+]
Central Bank Balance Sheet 493815.20 490201.00 510090.10 310.30 KRW Billion [+]
Foreign Stock Investment 668173.70 742733.30 742733.30 349.48 USD Hundreds of Millions [+]


Deposit Interest Rate in South Korea

The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in South Korea. Deposit Interest Rate in South Korea - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1.67 1.56 19.50 1.56 1980 - 2017 percent Yearly




Country Last Previous
Turkey 22.50 Mar/19
Argentina 21.55 Dec/17
Brazil 8.51 Dec/17
South Africa 7.25 Dec/17
Russia 6.24 Feb/19
Indonesia 5.25 Apr/19
Saudi Arabia 3.40 Apr/19
Mexico 2.70 Dec/17
Australia 1.85 Mar/19
South Korea 1.67 Dec/17
United Kingdom 0.50 Mar/19
China 0.35 Mar/19
Japan 0.32 Dec/17
Singapore 0.14 Dec/17
Canada 0.10 Dec/17
Switzerland -0.31 Feb/19
Euro Area -0.40 Apr/19


Related

Latest